Hindalco Industries has reported results for third quarter ended December 31, 2016.
The company has reported a net profit of Rs 320.56 crore for the quarter ended December 31, 2016 as compared to net loss of Rs 32.75 crore for the same quarter in the previous year. Total income of the company increased by 13.88% at Rs 10134.78 crore for the quarter under review as compared Rs 8899.37 crore for the corresponding quarter previous year.
Hindalco Industries is an industry leader in aluminium and copper. The company’s aluminium units across the country encompass the entire gamut of operations from bauxite mining, alumina refining, aluminium smelting to downstream rolling, extrusions, foils and alloy wheels, along with captive power plants and coal mines.